How much funding can be received?

Funds up to 120% of admissible expenses, capped at $150000 per project.

What is the deadline to apply?

The deadline to apply is not specified.

Who are the financial supporters of the SADC Lac-St-Jean Ouest — Acquisition Loan +?

SADC Lac-St-Jean Ouest — Acquisition Loan + is funded by SADC Lac-St-Jean Ouest

What are SADC Lac-St-Jean Ouest — Acquisition Loan +'s eligibility criterias?

Business must have been operating for over 3 years Business must be profitable

SADC Lac-St-Jean Ouest — Acquisition Loan +

Last Update: July 22, 2025

QC, Canada

Supports equipment acquisition for businesses operating over three years

SADC Lac-St-Jean Ouest — Acquisition Loan + at a glance

Eligible Funding

Max. $150,000
Up to 120% of project cost

Timeline

Unspecified

Financing Type

Loans and Capital investments

Eligible Industries

All industries

Grant Providers

SADC Lac-St-Jean Ouest

Program status

Open

Overview of the SADC Lac-St-Jean Ouest — Acquisition Loan + program

The SADC Lac-St-Jean Ouest — Acquisition + Loan offers businesses up to $150,000 to support acquisition projects such as purchasing equipment, buildings, or rolling stock. Eligible businesses must be over three years old and currently profitable, with the loan providing flexible terms for up to 120% financing.

Financing terms and conditions

Loan amount up to $150,000 per business, exceptionally up to $300,000 under certain conditions.
Financing available up to 120% of acquisition costs for eligible assets.
Repayment period up to 120 months (10 years).
Early repayment allowed up to a maximum of 20% per year.

Eligible projects & activities

Acquisition of new equipment for business operations.
Purchase of commercial buildings or facilities.
Procurement of rolling stock or company vehicles.
Expansion projects involving the purchase of material assets for established businesses.

Examples of admissible projects:

$ 100,000

Develop an urban greenhouse for sustainable agriculture

Eligibility criteria of the SADC Lac-St-Jean Ouest — Acquisition Loan + program

The business must have been operating for more than 3 years.
The company must be profitable.
The project must involve the acquisition of equipment, material, buildings, or rolling stock.

Who is eligible?

Existing businesses operating for more than 3 years

Eligible expenses

Acquisition of equipment
Purchase of materials
Acquisition of a building
Purchase of rolling stock

Eligible geographic areas

Businesses located in the Lac-Saint-Jean Ouest region of Quebec.

How to apply to the SADC Lac-St-Jean Ouest — Acquisition Loan + program

Assessment of needs

Identify the equipment or materials to be acquired and the required amount for financing.

Contact with the SADC

Contact the SADC Lac-St-Jean Ouest to discuss your acquisition project and verify eligibility.
Obtain the necessary forms and guidelines for the loan application.

Preparation of the documentation

Submission of the request

Complete the application form by following the instructions provided by the SADC.
Send the documents and the application form to the SADC via the method indicated by the organization (mail, online, etc.).

Follow-up on the request

Wait for confirmation of receipt of the application by the SADC.
Participate in any meeting or provide any additional information required by the SADC for the evaluation of your application.